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Chinese stocks jump as UBS sees big fund inflows amid state support measures

Hong Kong stocks rose, setting the market up for a winning month, as investors bet on big fund inflows after…

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New Business

China’s ByteDance in race with US rivals to drive artificial general intelligence

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general…

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New Business

Hong Kong stocks on course for 4-month low as US jobs data dampens rate-cut hopes

Hong Kong stocks retreated to an almost four-month low as robust US job data pared bets that the Federal Reserve…

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New Business

Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple has formed a new data-processing venture in Shanghai, according to business registry information, as the US tech giant’s bid…

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New Business

Chinese autonomous-driving tech firm Pony.ai eyes robotaxi services in Hong Kong

Based in Guangzhou, Pony.ai said it seeks to provide “robotaxi commuting services” for airport staff within the Hong Kong International…

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New Business

Baidu founder Robin Li predicts ‘exponential’ boom in AI apps in 2025

The founder of Baidu, an artificial-intelligence (AI) pioneer in China that unveiled its own large language model (LLM) just months…

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New Business

China’s GenAI market continues to heat up as Beijing records more LLM filings

Beijing added 11 new generative artificial intelligence (GenAI) services set for public release, as the nation’s capital continues to burnish…

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New Business

China’s Tesla rival Li Auto wants to expand into an AI and robot company

Li Auto, one of China’s closest rivals to US electric vehicle (EV) giant Tesla, is looking to reposition itself as…

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New Business

Baidu-backed Chinese EV maker Jiyue to cut operations, payroll to survive brutal race

Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh…

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Tech

Baidu-backed Jiyue seeks traction in China’s premium EV market with second model launch

Jiyue, a premium electric vehicle (EV) maker backed by China’s search-engine giant Baidu, is doubling down on autonomous-driving technology as…

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